Web searches for Bitcoin have plunged to their lowest level in at least a year, despite the backdrop of a bear market. The keyword ‘Web3', on the other hand, appears to have piqued the public's curiosity. According to statistics, Web3 has 72 interest points, whereas Bitcoin has 27. Bitcoin's values have not increased significantly in the recent three months. The cryptocurrency, which reached an all-time high of $68,000 in November of last year, has recently remained stuck at around $19,000.
Currently, the most number of searches for the keyword ‘Bitcoin' have been made.
Nigeria and the Netherlands also contributed their fair share of Google searches for Bitcoin knowledge.
Despite BTC's falling and stagnant pricing, online searches for “Bitcoin dead” reached an all-time high on Google trends early this year.
Meanwhile, according to a CoinTelegraph story citing Google statistics, China is the leading source of Web3 searches.
In addition to the Bitcoin keyword, Nigeria has generated Web3 searches online. The Western African country has shown an interest in developing and cultivating an atmosphere that is conducive to the crypto and Web3 environments.
In September, the Nigerian government partnered with the Binance crypto exchange to develop a special economic zone fuelled by the crypto sector. The facility aspires to bring together African blockchain and Web3 innovators in order to accelerate growth and adoption in the industries.
In 2021, popular Web3 keywords were metaverse, Web3, NFT, decentralisation, decentralized autonomous organization (DAO), GameFi, and cryptocurrency.